Government Jobs

US Stocks| Budget 2026 should cut LRS TCS and offer multi-year clarity on global investing: Nikhil Advani of LGT Wealth

LGT Wealth India suggests Budget 2026 can boost overseas investing by restoring TCS on remittances to 5% and offering multi-year policy clarity. Aligning tax treatment of global equities with domestic ones and streamlining the Liberalised Remittance Scheme (LRS) are also key to encouraging systematic global diversification for Indian households.

Industry Trends

BYD could expand India operations as demand begins to outstrip supply

BYD Co. is considering local assembly in India to meet rising demand for its electric vehicles and is seeking regulatory certifications. This follows previous rejections for a full assembly plant, reflecting a strategic shift as the company aims to expand amid growing sales in the Indian market.

Industry Trends

South Korea's KOSPI posts sharpest rise in 3 weeks as investors buy the Trump tariff dip

South Korean stocks saw a significant jump on Tuesday. This surge was powered by a strong rally in technology shares, boosted by global demand for artificial intelligence. The market shrugged off a threat from US President Donald Trump to increase tariffs on Korean goods. Chipmakers Samsung Electronics and SK Hynix led the gains. Automakers also recovered from initial dips.

Industry Trends

Indonesian stocks tumble 7% after MSCI applies interim freeze on investability risks

Indonesia's stock market experienced a sharp 7% drop early Wednesday after MSCI announced a freeze on certain index changes. This decision stems from investor concerns regarding free float data transparency. Indonesian authorities are actively engaged in discussions with MSCI to resolve these issues, aiming to restore market confidence.

Industry Trends

Vedanta, Hindustan Zinc shares in focus after OFS announcement

Vedanta and Hindustan Zinc are in focus after Vedanta approved an Offer for Sale of up to 1.59% stake in Hindustan Zinc at a floor price of Rs 685 per share. Elevated RSI levels suggest strong momentum but raise near-term caution amid potential consolidation.

Startup Funding

SoftBank in talks to invest up to $30 billion more in OpenAI

Seeking to improve SoftBank's position in the artificial intelligence race, Chief Executive Masayoshi Son has made an "all-in" bet on OpenAI. In December, SoftBank said it had completed a $41 billion investment in OpenAI, giving it an 11% stake.

Industry Trends

India produces more female STEM graduates than Britain, Germany or France. So why do so few reach the top?

India produces more female science, technology, engineering and mathematics (STEM) graduates than Britain, Germany or France. Yet, few make it to the top. This contradiction reveals one of the country’s most expensive—and least acknowledged—economic failures. Women account for 42.6 per cent of India’s STEM graduates, well above the global average of 35 per cent and [...] The post India produces more female STEM graduates than Britain, Germany or France. So why do so few reach the top? appeared first on HR Katha .

Industry Trends

Axis Bank among 4 Nifty stocks showing bullish RSI upswing

On January 27, four stocks from the Nifty50 index entered the RSI Trending Up scan after their RSI crossed above the 50 mark from lower levels. This technical development signals improving price momentum and rising buying interest, often tracked by traders to identify potential upside and emerging bullish trends.